Quant funds hire theoretical physicists and mathematicians because it’s the math part in “financial mathematics” that is hard, it’s just easier to teach a mathe

Quant funds hire theoretical physicists and mathematicians because it’s the math part in “financial mathematics” that is hard, it’s just easier to teach a mathematician finance and Python/C++, than taking an average finance major or developer. It’s definitely not the case that they want people to reinvent the wheel. Options pricing for example is a Nobel prize winning discovery.